Certificates of Deposit

Certificates of Deposit are an excellent way to save when you don’t need to access your money right away and allows you the opportunity to earn a higher rate of interest. At The Bank of Harlan, you earn a competitive interest rate and flexible terms from ranging from 1 month to 60 months. Invest as little as $ 1,000 with us and simple interest will be paid to you by check, deposited to another account at our bank or credited back to your Certificate of Deposit account on a monthly, quarterly, semi-annually, or annual basis, or at maturity. The daily balance method is used to calculate interest on your account. At maturity, your certificate of deposit will renew automatically. You may not make deposits into your account once opened and you will have ten (10) calendar days from maturity to withdraw your funds without penalty. If a deposit is withdrawn before maturity, a penalty as shown will be imposed:

Term

Minimum Opening Deposit

Early Withdrawal Penalty

1 month

$1,000

30 days Interest

3 month

$1,000

30 days Interest

6 month

$1,000

90 days Interest

12 month

$1,000

120 days Interest

18 month

$1,000

150 days Interest

24 month

$1,000

180 days Interest

36 month

$1,000

540 days Interest

48 month

$1,000

540 days Interest

60 month

$1,000

540 days Interest

Stop by any one of our locations and speak with a customer service representative about opening an account with us today!